Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.026%
Price spread now: StandX against Bybit+0.115%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.148%−$15 on $10k
Price spread, last 7 days−0.091%−$9 · spread now +0.115%, 7d avg 0.000%
Together, before fees−0.239%+ Points / potential airdropStandX: Active · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.116% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUUSDT1,041.60get 0.0000% / 8h3h 03m$18.6M$31.9M100x
ShortStandX MU-USD1,042.80get 0.0000% / 1h3m 01s$188K$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.115% → 0.000%
$11.57
Slippage, 4 orders
−$14.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee StandX: 4 bp × 2 orders
−$8
Net
−$21.67
Costs to cover
0.332%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; StandX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.05 bp10.2 bp −$1014.6 bp −$14637.9 bp −$3,789doesn't fit
Sell StandX live order book, 1 min ago2.64 bp7.9 bp −$814.4 bp −$144doesn't fitdoesn't fit

MU on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0412%4h1,042.8+0.115%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,042+0.039%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041.5−0.011%$123.3M$525.5M50xas long as short
Bybit MUUSDTlong0.0000%8h1,041.6long leg$18.6M$31.9M100x
OKX MU-USDT-SWAP0.0000%8h1,041.4−0.017%$30.6M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,041.7+0.010%$336K$354K20xas long as short
Gate MU_USDT0.0000%8h1,041.5−0.008%$61.9M$28.1M75xas long as short
Bitget MUUSDT0.0000%8h1,041.6+0.002%$20.4M$41.7M50xas long as short
Variational Omni MU0.0000%8h1,043.3+0.166%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043+0.140%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDshort0.0000%1h1,042.8+0.115%$188K$3.5M20x
SunX MU-USDT0.0000%8h1,043.2+0.152%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,041.7+0.011%$129K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,042.4+0.082%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,041.8+0.017%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,041.6+0.006%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,041.5−0.003%$1.3M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,041−0.060%$553K$1.1M10xas long as short
Nado MU-PERP+0.0032%1h1,042.3+0.065%$281K$823K10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.940%$19K$5K12xas long as short
Bullet MU-USD+0.0038%1h1,041.8+0.019%$25K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.6+0.102%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.2+0.063%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,041.1−0.045%$177.1M$94.9M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,041.4−0.016%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,041.8+0.019%$684K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,042.2+0.058%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042+0.044%$1.9M$2.3M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0077%1h1,041.4−0.013%$73K$492K10xas long as short
Aevo MU-PERP+0.0080%1h1,041.2−0.040%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,042.2+0.056%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,041.3−0.030%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.3+0.068%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,041.5−0.003%$828$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6+0.291%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,041.8+0.022%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,043.1+0.147%$534K$271K15xas long as short